ASG Equities
26 Cortlandt Street, 5th Fl, New York, NY 10007
People:
ASG Equities NYC portfolio
$384 million -office 62%, retail 26%, mixed-use 6%; Manhattan 76%, Brooklyn 23%*
570th largest portfolio by dollar value
905,483 sqft – office 71%, retail 13%, industrial 11%; Manhattan 82%, Brooklyn 17%
526th largest by SF
14 properties – Brooklyn 57%, Manhattan 42%
719th largest
2 foreclosures, 0 bankruptcies, 1 other court case.
Notes
ASG Equities is the Gindi family’s family office. The same principals own Gindi Equities. The Gindi family also owns the discount retailer Century 21 NYC. Website: “Gindi Equities was founded in 2020 by Raymond and Al Gindi as an opportunistic investment platform to acquire multifamily assets.”
Company Activity past 24 months:
Seller company: 11 for $84.3 million
Borrower company: 3 for $72 million
Top Ten Associated Companies:
MCB Real Estate (8), Osiris Ventures (8), Bank of America (3), Gabriel Weiser (1), Sam Abed (1), Ashkenazy Acquisition (1), James G. Nicholas II (1), Oceanview Life and Annuity Company (1), Peapack-Gladstone Bank (1)
Top Ten Associated People:
P. David Bramble (8), Gabriel Weiser (1), Sam Abed (1), James G. Nicholas II (1), Marnie Adams (1), Jesse Solomon (1)
Recent activity as company:
• ASG Equities sold 255 Church Street for $6.2 million to James G. Nicholas II on January 30, 2026.
• ASG Equities sold 416 87 Street for $28 million to Sam Abed on October 16, 2025.
• ASG Equities sold 450 86 Street for $892,857 to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 436 86 Street for $13.3 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 472 86 Street for $12.9 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 460 86 Street for $7.1 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 447 87 Street for $6.7 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 464 86 Street for $3.6 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 452 86 Street for $1.8 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 456 86 Street for $1.2 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
Latest Stories:
• James Nicholas pays $6.2M to ASG Equities for mixed-use in Tribeca (February 06, 2026)
• Sam Abed pays $28M to ASG Equities for parking garage in Bay Ridge (November 14, 2025)
• Gabriel Weiser pays $2.7M to ASG Equities for retail in Tribeca (July 24, 2025)
• ASG Equities signs $33M refi with Bank of America for four FiDi properties (August 20, 2024)
• Oren Neria pays $9.9M for foreclosed Ashkenazy retail in Lincoln Square (January 19, 2024)
• $10.7M pre-foreclosure filed at Ashkenazy Lincoln Square building (September 16, 2022)
Court Records:
Properties: